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PARIS (ANA-MPA / O. Tsipira) -- Greece on Thursday afternoon will award
the Medal of the Grand Cross of the Order of the Phoenix to Claude
Gueant, the general secretary of the French presidency.

Minister of State Haris Pamboukis will represent Republic President
Karolos Papoulias in the ceremony, to take place here at the Greek
Ambassador's residence.

"The medal awarded is in recognition of the valuable and continuous
support offered by Mr. Gueant to Greek national issues and to Greece
during the tough times our country is experiencing as a result of the
economic crisis," Greek ambassador Constantine Halastanis said.

Gueant is the French President's close associate since 2002 and in 2007
he was the director of the French President Nicolas Sarkozy's election
campaign.

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(ANA-MPA) -- The yield spread between the 10-year Greek and German
benchmark bonds shrank further to 834 basis points in midday trading on
the Greek electronic secondary bond market on Thursday, down from 840
bps at the opening and around 1,000 bps on Monday, following a
spectacular decline in bond spreads in other regional European
countries.

Expectations that the EU will agree on measures to finally deal with a
debt crisis hitting regional Europe, have significantly improved market
sentiment, allowing European governments to smoothly auction state bond
issues in the last few days. (ANA-MPA)

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